Business
-
Lufthansa’s Acquisition of ITA Faces Brief Delay
Rome: It will take a few more days to close the acquisition by Lufthansa of 41% of ITA, sources close…
Read More » -
Trkiye’s Defense Industry Boosts Economy with Homegrown Technologies
ANKARA: Trkiye's defense industry has seen a significant transformation over the past two decades, shifting from heavy reliance on foreign…
Read More » -
Campaigners call for stricter oversight as Roblox faces allegations of child exploitation risks
ISTANBUL: Child safety advocates are urging the UK communications watchdog to take stronger action in enforcing new online safety regulations,…
Read More » -
World Bank revises South Asia’s 2024 growth forecast to 6.4% from 6%
ISTANBUL: The World Bank announced Thursday it revised South Asia's economic growth forecast for 2024 to 6.4% from 6%, keeping…
Read More » -
US stocks open lower as consumer inflation disappoints
ISTANBUL: Major US stock exchanges opened on a lower note Thursday after consumer inflation figures came higher than market estimates…
Read More » -
Hurricane Milton losses may deplete US insurers’ catastrophe budgets: S&P Global
ISTANBUL: Hurricane Milton losses could fully deplete American insurers' 2024 catastrophe budgets, according to a report by the S and…
Read More » -
US jobless claims soar 33,000 to highest since early August 2023
Istanbul: The number of Americans filing first-time unemployment claims soared by 33,000 last week to 258,000, according to Labor Department…
Read More » -
Price of gold hits highest quarterly gain since 2016
ISTANBUL: The ounce price of gold saw its highest quarterly gain since 2016 in July-September amid interest rate cuts by…
Read More » -
Serbia to sign major energy deal with US next week
BELGRADE: Serbian President Aleksandar Vucic announced on Thursday that the country will sign a major energy contract with the US…
Read More » -
Minutes show Fed officials divided on magnitude of September rate cut
ISTANBUL: US Federal Reserve officials were divided on the magnitude of an interest rate cut at their meeting last month,…
Read More »